Showing Results for tag: Extended Stay
Extended Stay America encourages voter registration
US: Extended Stay America has joined the STAY Counted campaign, an initiative to encourage voter registration and participation in the November US presidential election
Starwood Capital highlights performance of extended stay sector
US: Starwood Property Trust CEO Barry Sternlicht says the company's chain of extended stay hotels has been running at 85 per cent average occupancy rates during the coronavirus crisis.
Residence Inn forms last part of office park transformation
US: A 111-key Residence Inn is the last element of the transformation from an office park to hotel park at Hamilton Court in Farmington Hills, Michigan.
A-1 takes over management of Texas Homewood Suites
US: The 90-key Homewood Suites by Hilton in New Braunfels, Texas, is now managed by A-1 Hospitality Group.
Cycas to operate first all-suite Radisson property in Western Europe
Netherlands: Cycas Hospitality has signed a lease agreement with ECHO Partners to operate its first Radisson-branded property, the Radisson Hotel & Suites Amsterdam South.
Residence Inn opens Tennessee property
US: The 118-suite Residence Inn by Marriott hotel in Franklin, Tennessee is open for business.
Former Meininger chairman launches LyvInn
UK: Navneet Bali, the former chairman of Meininger Hotels, has launched the LyvInn brand, an extended-stay and transient hospitality concept.
SAFFAA launches global accreditation registry
Worldwide: Serviced Apartment News has partnered with Serviced Apartment/Accommodation Forum for Assessment and Accreditation (SAFFAA) for the development of a global register of responsible accreditors for serviced apartments and alternative accommodation.
JFK Residence Inn nears completion
US: A Residence Inn by Marriott in Queens, designed by Gene Kaufman Architect, is close to completing construction.
Marriott opens Element all-suite hotel in Toronto
Canada: The 144-key Element Toronto Airport Hotel has opened for business.
Siegel to grow Siegel Select brand with Alabama additions
US: The Siegel Group Nevada has acquired two former Budgetel extended stay hotels in Birmingham, Alabama for conversion to its Siegel Select brand.
Partnership to develop 1,000 Home2 Suites by Hilton in China
China: Hilton has signed a management license agreement with Country Garden to introduce and develop the Home2 Suites by Hilton brand in China.
My Place strengthens executive team
US: My Place Hotels of America has named former EVP Matthew Campbell as chief operating officer/chief legal officer and former associate general counsel Adam Altman as the company’s general counsel.
WoodSpring hits 70 per cent occupancy for May
US: Choice Hotels' extended stay portfolio has achieved industry leading occupancy during March, April and May, with WoodSpring Suites achieving more than 70 per cent.
Home2 Suites opens Vermont property
US: A Home2 Suites by Hilton extended stay hotel has opened in downtown Williston, Vermont.
ESA appoints Williams to franchising role
US: Extended Stay America has appointed Mark Williams as managing director, franchise development.
My Place launches Trend Hotels & Suites brand
US: My Place Hotels has launched Trend Hotels & Suites, a collection of upper midscale and upscale select service and extended stay hotels.
Latest Studio 6 property opens in Texas
US: G6 Hospitality, owner, operator and franchisor of the Studio 6 extended stay brand has announced the opening of a new-build Studio 6 in Katy, Texas.
US economy extended stay RevPAR is double that of luxury sector in April
US: The latest figures from The Highland Group show that the economy extended stay hotels reported average RevPAR of $29.78 in April, around double that of the luxury sector.
HVMG to manage Texas Residence Inn property
US: Hospitality Ventures Management Group (HVMG) has been awarded a management contract for the 104-room Residence Inn by Marriott Waco/South in Texas.
ESA launches STAY Confident safety initiative
US: Extended Stay America has launched the STAY Confident initiative to focus on "the health, safety, and comfort of its guests".
LABS Collective launches safety programme
UK: LABS Collective has announced a new programme to promote safe social distancing and increase hygiene standards across its STAY and LABS brands.
Descent beckons towards the new reality
Sean Worker of T5 Strategies offers his thoughts on the view from the Covid peak and how to successfully negotiate the imminent descent.
Magnuson Hotels launches extended stay brand
US: Magnuson Hotels has launched an extended stay brand, with its first properties in Texas and Ohio.
ESA opens first franchise new-build property
US: Extended Stay America has opened its latest property, in Colonial Heights, Virginia.
ESA opens South Carolina property
US: Extended Stay America has opened a 120-key hotel in Bluffton, South Carolina.
Long-stay business proving resilient at The Collective
UK/US: Coliving developer and operator The Collective says short-term stays have been severely impacted by the lockdown but its long-stay business is proving resilient.
Quick Q&A: Sam Nazarian, sbe
Sam Nazarian, founder and CEO of sbe talks to SAN about launching the Hyde Living aparthotel brand in Europe, and what the Coronavirus pandemic has taught him.
Blackstone and Starwood Capital Group secure stakes in Extended Stay America
US: Real estate investors and private equity firms, Blackstone Group and Starwood Capital Group, have secured stakes in extended stay hotel chain Extended Stay America.
edyn's Stephen McCall: We are fundamentally social animals
edyn CEO Stephen McCall talks to SAN's Eloise Hanson about emerging from Covid-19 with new levels of unity and soul across the hospitality sector.
Minor Hotels targets Africa with Oaks extended stay brand
Thailand: Minor Hotels has appointed a regional director for Africa and plans to launch its oaks extended stay brand on the continent.
COVID-19 creates demand for extended-stay sector
Extended-stay properties are showing resilience against the COVID-19 pandemic with the majority remaining opening or repurposed for housing key workers.
Airbnb moves focus to extended stays
US: Airbnb is updating its landing page and introducing new features aimed at longer-term stays.
My Place launches Help Our Heroes initiative
US: My Place Hotels of America has launched its Help Our Heroes initiative, a campaign dedicated to providing financial support for first responders across America.
Wealth Hospitality Group acquires Tennessee Residence Inn property
US: Wealth Hospitality Group, a new company formed by a merger of Fusion Hospitality and Heritage Hospitality Group, has acquired the Residence Inn in Jackson, Tennessee.
Red Roof offers day rates to remote workers
US: Red Roof, which operates the HomeTowne Studios brand, is introducing day rates for remote workers in response to pandemic-enforced changes to the working environment.
My Place makes Arizona debut
US: My Place Hotels has announced the opening of My Place Hotel-West Phoenix/Avondale, AZ.
Global inventory hits 1.25 million units
UK: The eighth edition of the Global Serviced Apartments Industry Report (GSAIR), estimates that worldwide serviced apartment supply has increased by 14.75 per cent since 2018 to 1,254,743 units.
SAN operator survey seeks to share collective industry knowledge and experience
Worldwide: Serviced Apartment News is polling serviced apartment, aparthotel and extended stay operators across the globe to gauge the impact of the coronavirus on the sector and to share strategies for mitigating its effects.
Extended stay conversion proposed for Duluth
US: A building in downtown Duluth, Minnesota, could be transformed in to the city's first extended-stay hotel, aimed at serving hospital and construction workers.
Marriott begins employee furlough program
US: Marriott International is starting to furlough thousands of employees as it closes hotels globally.
Revenue management strategies to deal with COVID-19
Ally Northfield, managing director of Revenue by Design looks at strategies for mitigating the devastating impact of coronavirus on the hospitality sector.
ESA opens company-owned hotel in Florida
US: Extended Stay America has opened new-build company-owned hotel in Port Charlotte, Florida.
ESA promotes Bikulege to chief investment officer
US: Extended Stay America (ESA) has promoted Judi Bikulege to chief investment officer.
Willis to step down from Chatham role
US: Chatham Lodging Trust, a hospitality real estate investment trust (REIT) that invests in upscale extended-stay hotels, has announced that chief investment officer Peter Willis is stepping down from the company.
US extended stay occupancy at 19-year high
US: The latest figures from The Highland Group show that US extended-stay occupancy is at 19-year high despite the biggest increase in supply in 20 years.
ESA records $535 million earnings for 2019
US: Extended Stay America has released its full year results for 2019.
Eastney Guesthouse to become aparthotel
UK: A guesthouse in Dorset is set to convert some of its rooms into aparthotel units.
Serviced Apartment Awards 2020 shortlist revealed
UK: The shortlisted entries for the 2020 Serviced Apartment Awards have been announced in advance of the awards ceremony on March 12th in London.
Residence Inn makes Panama debut
Panama: The Residence Inn Panama City has opened in the city's Punta Paitilla neighbourhood.
